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Posted by
Two Blokes Jul 13 -
Filed in
Stock
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6 views
Alibaba stock is fundamentally mispriced due to macro fears surrounding the U.S.-China relationship. Some negative sentiment is warranted, but amid prolonged detente, we can logically expect a positive sentiment inflection for Chinese equities. A 50% upside over the next 12 months does not seem unreasonable to me even amid base-case China-U.S. managed strategic competition rather than full friendship.
